Hanger, Inc., Austin, TX, announced that it has entered into an agreement to acquire orthotics and prosthetics (O&P) consulting firm O&P Insight, Las Vegas, NV.
“O&P Insight is uniquely focused on helping O&P businesses run profitable and compliant business operations, and brings an incredible amount of credibility, talent, and value,” said Pete Stoy, Hanger’s CEO. “Collaborating with O&P Insight in this capacity will enable us to place a greater focus on the services side of our business for the betterment of the profession…”
O&P Insight is a well-recognized and respected O&P consultancy providing comprehensive consulting and revenue cycle management services to independent O&P providers and manufacturers. The team offers over 250 years of combined experience.
The transaction is expected to close in the third quarter of 2024. Financial details of the transaction were not disclosed.
